North Country School Inc

North Country School Inc. maintains strong financial health with consistent surpluses and no reported officer compensation.

EIN: 141430542 · Lake Placid, NY · Updated: 2026-03-28

$10.5MRevenue

$36.3MAssets

85/100Mission Score (Excellent)

About North Country School Inc

North Country School Inc (EIN: 141430542) is a nonprofit organization based in Lake Placid, NY. The organization reported total revenue of $10.5M and total assets of $36.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Country School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

North Country School Inc. demonstrates a generally stable financial position with consistent revenue generation over the past decade. In the latest filing (202308), the organization reported revenues of $11,840,434 against expenses of $10,081,502, indicating a healthy surplus. Assets have shown steady growth, reaching $34,754,142 in 2023, up from $23,404,184 in 2014, which suggests effective asset management and reinvestment. The organization's liabilities, while fluctuating, appear manageable relative to its asset base.

The spending efficiency is positive, as evidenced by the consistent surpluses in most years, indicating that expenses are generally kept below revenue. The absence of reported officer compensation across all available filings is a notable point regarding transparency and resource allocation, suggesting that executive leadership may be compensated through other means or that the organization operates with a volunteer executive structure, which would be highly efficient. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), a precise assessment of spending efficiency across different categories is limited.

Overall, North Country School Inc. appears to be in sound financial health, with a strong asset base and a history of operating within its means. The lack of reported officer compensation is a significant positive indicator for transparency and efficient use of funds. To further enhance transparency, a more detailed breakdown of functional expenses would be beneficial for a complete understanding of how funds are allocated across programs, administration, and fundraising.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates North Country School Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 80%
fundraising: 10%

According to IRS 990 filings, North Country School Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Across all available IRS 990 filings, North Country School Inc. consistently reports 0% officer compensation, which is highly unusual for an organization of its size with over $10 million in annual revenue and $34 million in assets. This suggests either a volunteer executive leadership or compensation structured in a way not reported as 'officer compensation' on the 990, warranting further investigation for full transparency.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of North Country School Inc's IRS 990 filings:

NTEE Code is unknown, limiting ability to benchmark against similar organizations.
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data prevents precise spending efficiency analysis.
Consistent 0% officer compensation for an organization of this size is unusual and warrants further inquiry into executive compensation structure.

Strengths

The following positive indicators were identified for North Country School Inc:

Consistent revenue growth, with latest revenue at $11,840,434.
Healthy financial surpluses in most years, indicating sound financial management (e.g., $1,758,932 surplus in 2023).
Strong and growing asset base, reaching $34,754,142 in 2023.
No reported officer compensation across all filings, suggesting high efficiency in leadership costs.
Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency.

Frequently Asked Questions about North Country School Inc

Is North Country School Inc. a good charity?

Based on the available financial data, North Country School Inc. appears to be a financially sound organization with consistent revenue growth, healthy surpluses, and a strong asset base. The consistent reporting of 0% officer compensation is a significant positive indicator for efficient use of funds. However, without detailed functional expense breakdowns, a complete assessment of program efficiency versus administrative costs is not possible.

How has North Country School Inc.'s financial health changed over the last decade?

North Country School Inc. has shown consistent financial growth and stability over the last decade. Revenue has generally increased from $8,627,884 in 2014 to $11,840,434 in 2023, and assets have grown significantly from $23,404,184 to $34,754,142 in the same period. The organization has maintained surpluses in most years, indicating effective financial management.

What is the significance of 0% officer compensation?

The consistent reporting of 0% officer compensation across all filings is highly significant. It suggests that the organization's top leadership may be entirely volunteer-based, or their compensation is structured in a way that is not categorized as 'officer compensation' on the IRS 990. If truly volunteer-led, this represents exceptional efficiency in resource allocation. If compensation is reported elsewhere, it could indicate a lack of transparency in that specific reporting line.

Filing History

IRS 990 filing history for North Country School Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), North Country School Inc's revenue has grown by 67.4%, moving from $7.1M to $11.8M. Total assets increased by 115.9% over the same period, from $16.1M to $34.8M. Total functional expenses rose by 66.3%, from $6.1M to $10.1M. In its most recent filing year (2023), North Country School Inc reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $9.3M in liabilities against $34.8M in assets (debt-to-asset ratio: 26.8%), resulting in net assets of $25.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$11.8M	$10.1M	$34.8M	$9.3M	—	View 990
2022	$9.7M	$9.3M	$32.4M	$9.2M	—	View 990
2021	$9.0M	$8.5M	$35.8M	$9.0M	—	View 990
2020	$6.1M	$7.6M	$34.4M	$10.4M	—	View 990
2019	$10.1M	$8.6M	$34.3M	$10.0M	—	View 990
2018	$10.5M	$8.0M	$27.3M	$3.6M	—	View 990
2017	$7.6M	$7.4M	$25.8M	$3.5M	—	View 990
2016	$9.3M	$7.7M	$25.0M	$3.7M	—	View 990
2015	$10.1M	$7.9M	$25.7M	$5.8M	—	View 990
2014	$8.6M	$7.6M	$23.4M	$4.6M	—	View 990
2013	$9.2M	$7.0M	$21.3M	$3.5M	—	View 990
2012	$7.3M	$6.4M	$17.2M	$3.6M	—	View 990
2011	$7.1M	$6.1M	$16.1M	$3.6M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $11.8M, expenses of $10.1M, and assets of $34.8M (revenue +22.3% year-over-year).
2022: Revenue of $9.7M, expenses of $9.3M, and assets of $32.4M (revenue +7.2% year-over-year).
2021: Revenue of $9.0M, expenses of $8.5M, and assets of $35.8M (revenue +48.1% year-over-year).
2020: Revenue of $6.1M, expenses of $7.6M, and assets of $34.4M (revenue -39.9% year-over-year).
2019: Revenue of $10.1M, expenses of $8.6M, and assets of $34.3M (revenue -3.6% year-over-year).
2018: Revenue of $10.5M, expenses of $8.0M, and assets of $27.3M (revenue +38.5% year-over-year).
2017: Revenue of $7.6M, expenses of $7.4M, and assets of $25.8M (revenue -17.9% year-over-year).
2016: Revenue of $9.3M, expenses of $7.7M, and assets of $25.0M (revenue -8.3% year-over-year).
2015: Revenue of $10.1M, expenses of $7.9M, and assets of $25.7M (revenue +17.0% year-over-year).
2014: Revenue of $8.6M, expenses of $7.6M, and assets of $23.4M (revenue -5.9% year-over-year).
2013: Revenue of $9.2M, expenses of $7.0M, and assets of $21.3M (revenue +24.9% year-over-year).
2012: Revenue of $7.3M, expenses of $6.4M, and assets of $17.2M (revenue +3.9% year-over-year).
2011: Revenue of $7.1M, expenses of $6.1M, and assets of $16.1M.

Data Sources and Methodology

This transparency report for North Country School Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.